Loans and Lines of Credit

Financing when you need it most.

Looking to purchase a vehicle, consolidate debt, or borrow for your RRSP contribution - financing solutions are available.

What type of loan do you need?

Consumer Loan

Get the credit you need, with a repayment schedule that works for you. We offer a full range of consumer lending products such as consolidating your debts, vehicle purchases, investment and RRSP top up - we have various options for you.

Key Features

  • Fixed or floating interest rates
  • Optional life, disability and critical illness insurance
  • No penalty for early paybacks or for making extra principal payments

Quick Loan

If you prefer the structure of a loan but like the option of a revolving line of credit, you’ll really like our Quick Loan product.

Key Features

  • Re-advanceable funds up to an approved limit
  • Easy access to funds
  • Flexible terms and repayment options

Line of Credit

Convenient option that gives you access to money when you need it.

Key Features

  • No repayment restrictions
  • Easy access to funds
  • Interest paid only on what you use
  • Minimum payment of accrued interest
  • Reuse your available credit

Enjoy the advantages of a Foam Lake Credit Union loan

  • Flexible payment schedule – Options to coincide with income.
  • Personalized support – Our team of lending experts will help you find the best financing solution and payment plan for your business needs.
  • Fixed or variable rate options – Select from variable or fixed interest rates, depending on your needs.
  • Repay your way – No penalty for early paybacks or for making extra principal payments.

Need a hand?

One of our Lending Specialists can recommend specific strategies to meet your unique needs. Contact lending today!

Loan Calculator

Learn about how much you can borrow and what your projected repayment schedule will be like.

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